Gig Economy
Most Recent
Labor Department Clarifies Independent Contractor Standard
Wednesday 6th January - 4:57 pm
The Department of Labor has defined the question of whether a worker is an independent contractor or an employee by saying it depends on the nature of the work and ...Albertsons Laying Off Unionized Delivery Drivers In Pivot To DoorDash
Wednesday 6th January - 6:29 am
Albertsons supermarket chain is reportedly laying off some of its unionized delivery drivers and instead teaming with DoorDash for deliveries, according to a report in SFGate on Wednesday (Jan. 6).
Albertsons ...Uber Looks To Cut European Deal To Avoid Reclassification Of Gig Workers
Wednesday 30th December - 12:57 pm
Pressure over employment rights in Europe has prompted food delivery and rideshare firms like Uber and Deliveroo to open negotiations with unions and labor groups, The Wall Street Journal reported ...Today In Payments: Trump Signs Stimulus Bill; Square Said To Mull Buy of Jay-Z’s TIDAL Music-Streaming Service
Monday 28th December - 3:00 pm
In today’s top news, President Trump signed the pandemic relief bill Congress passed last week, and Square CEO Jack Dorsey is reportedly interested in buying Jay-Z’s TIDAL music app. Plus, ...Grubhub Changes Tipping In California, Angering Drivers
Sunday 27th December - 10:23 pm
Grubhub drivers are fuming over a new company policy that has led to dramatically reduced tipping, the Financial Times reported, citing exchanges with drivers and posts by other drivers on ...Digital Payments Options Are Redefining The Freelance Lifestyle
Thursday 24th December - 10:30 am
Freelancing, contracting, ad hoc work — it’s all a grand adventure. Like trying to get paid, for example. Will they pay? When will they pay? How? It’s a nail-biter, but ...Deep Dive: Why Freelancers Want Payment Flexibility And How Businesses Can Keep Up
Wednesday 23rd December - 9:00 am
The freelance economy is witnessing rapid growth in participation worldwide. One recent report found that 57 million freelancers are expected to operate in the U.S. in 2021, while additional research ...Freelancer.com On How Enterprises Can Tap Swift Payments To Build Trust With Global Freelancers
Tuesday 22nd December - 7:45 am
From supporting NASA missions to building marketing campaigns, employers worldwide are tapping freelancers to bolster their businesses. But this new zest for ad hoc work means firms are facing steep ...Freelancer.com On Why It Pays To Think Local
Monday 21st December - 4:00 am
Firms quickly adopted solutions to operate remotely in the wake of the pandemic, and the global health crisis also appears to have changed the ways many of these companies find ...Gig Apps Keeping Working Through Pandemic
Friday 18th December - 5:28 pm
America’s job market was firing on all cylinders, until suddenly it wasn’t. Now it’s 10 months gone to COVID — along with a few million jobs — and folks are ...Digital-First Economy Spawns On-Demand Partnerships
Thursday 17th December - 5:07 pm
The digital-first economy has spawned many new business models, and one that has taken flight during this end-of-the-year period is on-demand retail partnerships. They come in two flavors. In the ...National Restaurant Association Framework Aims To Close Gap Between Restaurants And Aggregators
Wednesday 16th December - 5:58 pm
Amid the commission caps, and amid the pandemic’s tailwind that has spurred a great digital shift toward food delivery through online channels – might eateries and aggregators be partnering to ...DoorDash And Uber Fee Hikes Will Test Business Model – And Restaurants’ Patience
Tuesday 15th December - 5:53 pm
Six weeks after securing passage of the Proposition 22 ballot measure that overturned a California law requiring part-time workers to be reclassified as employees, two of its biggest backers have rolled out ...Consumers Will Pay Increased Fees To Offset California Gig Worker Benefits
Monday 14th December - 8:07 pm
Gig workers for Uber and others in California will start getting benefits, but consumers will pay the price in additional fees, the Financial Times (FT) reported Monday (Dec. 14).
Proposition 22, ...DoorDash Partners With Payfare To Launch Banking Solution For Drivers
Monday 14th December - 1:43 pm
DoorDash and Payfare are collaborating to launch the DasherDirect banking solution for delivery drivers (Dashers), which aims to give them greater flexibility over earnings.
“This is a major step forward in ...Citing Busiest Year Ever, Instacart Spiffs Shopper Community
Friday 11th December - 12:16 pm
At a time of record growth and competition between grocery delivery services, Instacart has announced plans to give holiday bonuses of $50 to $500 to its “shoppers” — the gig ...Uber Seeks COVID-19 Vaccine Priority For Rideshare, Delivery Drivers
Thursday 10th December - 5:31 pm
Uber wants its delivery and rideshare drivers to be prioritized for COVID-19 vaccinations and sent letters to U.S. state governors requesting early access, Reuters reported on Thursday (Dec. 10).
CEO Dara ...Five Questions To Ask As DoorDash Goes Public
Wednesday 9th December - 9:30 am
The IPO market is hot – but is DoorDash coming at a time when it’s all too hot to handle? The competition is getting fiercer even as the end of ...With Capped Fees, Dining Aggregators May Face Tough Post-Covid Future
Tuesday 8th December - 10:48 am
There’s the old joke: A business loses money on every sale. But the owner has a smile on her face – and when asked what the plan is to be ...Grab And Gojek Reportedly Closing In On Mega-Merger
Wednesday 2nd December - 12:23 pm
A mega-merger between Grab Holdings and Gojek is getting closer to being realized in what would be the biggest tie-up of online firms in Southeast Asia, Bloomberg reported on Wednesday ...CFPB Clarifies Position On Earned Wage Access Policy; Says Programs Are Not An Extension Of Credit
Tuesday 1st December - 9:13 pm
The U.S. Consumer Financial Protection Bureau issued an advisory opinion Monday (Nov. 30) that earned wage access (EWA) products do not represent extensions of credit under one of its key ...Incentivize Consumers To Take The COVID Vaccine? Payments Players Might Have The Answer
Monday 30th November - 12:43 pm
It’s never a good sign when, during a pandemic, the expert opinion on the ground is that the U.S. is currently in the process of “rounding the corner into a ...SEC Plan Would Let Gig Workers Get Up To 15 Pct In Compensation Via Stock
Tuesday 24th November - 6:37 pm
Food delivery workers, among others who work in the gig economy, would be able to get as much as 15 percent of their compensation in stock with a proposal made ...Car-Sharing Platform Getaround Secures $25M Loan
Friday 13th November - 9:51 pm
Peer-to-peer car-sharing platform Getaround Inc. has secured a $25 million venture loan facility from Horizon Technology Finance Corp., a specialty finance company that provides secured loans to venture capital-backed companies.
“Getaround is ...A Drone Of Its Own: DoorDash IPO Filing Shows Triple-Digit Growth As Firm Eyes Expansion
Friday 13th November - 7:00 pm
Food now – and more to come. Maybe via drone.
On Wall Street, the fine print and the filings can reveal much. To that end, DoorDash filed its IPO prospectus – officially known as ...Gojek Curbs Losses As Indonesia’s Largest Startup Ramps Up Grocery Delivery
Friday 13th November - 2:47 pm
Star Indonesian startup Gojek is moving closer to eventual profitability after staunching a tide of ink amid losses on core services like delivery and ride-hailing, according to a new report.
Gojek ...Uber, Doordash, Postmates And Stride Join In Health Insurance Push
Thursday 12th November - 3:18 pm
Postmates, Uber, DoorDash and other companies with millions of gig workers are teaming up with portable benefits platform Stride in a nationwide drive to boost healthcare enrollment.
The companies are teaming ...Gig Battles Brew In California Regardless Of Uber, Lyft Prop 22 Victory
Wednesday 11th November - 4:59 pm
Uber and Lyft claimed victory in California on Election Day when Proposition 22 was upheld by voters, but despite the win, battles are still brewing over how gig workers should ...Lyft And Uber Ramp Up Competition As Ridesharing Rebounds
Wednesday 11th November - 12:25 pm
Having survived the worst of COVID-19’s economic upheaval so far, top U.S. ridesharing companies Uber and Lyft have shifted from survival mode to being competitive rivals once again. Both are ...Lyft Adds 3.8 Million Active Riders In Q3
Tuesday 10th November - 7:40 pm
Lyft reported on Tuesday (Nov. 10) as part of its third quarter earnings results that active riders had risen to 12.5 million from 8.7 million in Q2 on the heels ...Gig Apps Space Heating Up As Vaccine Rumors Swirl
Tuesday 10th November - 7:20 pm
The PYMNTS Gig Economy Index has found that while 84 percent of gig workers would do more work if they were paid faster, 17 percent of gig workers lost up ...New ‘Uber Reserve’ Service Lets Riders Book Future Trips
Tuesday 10th November - 12:19 pm
Uber has rolled out a new service, Uber Reserve, aimed at helping riders better control their trips by allowing them to book a vehicle up to 30 days in advance.
The ...Upwork’s Gross Services Volume Surges 23 Pct Amid Record Customer Adoption
Wednesday 4th November - 7:39 pm
Upwork reported on Wednesday (Nov. 4) as part of its earnings results that gross services volume (GSV) surged 23 percent year over year to $654.5 million as customers flocked to ...Today In Payments: Scammers Target Used Car Buyers; California Voters Uphold Gig Worker Status
Wednesday 4th November - 3:26 pm
In today’s top news, scammers are targeting used car buyers amid an uptick in digital sales, and California voters passed a proposition that upholds gig worker status. Plus, Wayfair released ...Prop 22 Passes To Keeps Uber/Lyft Workers As Contractors In California
Wednesday 4th November - 9:16 am
On Tuesday (Nov. 3), California voters gave the nod to statewide ballot initiative Proposition 22, which allows app-based companies, such as ride-hailing firms and other gig economy firms, to classify ...Prop 22: California Voters Side With Uber And Lyft, Nix AB 5 Gig Worker Law
Wednesday 4th November - 6:56 am
California voters passed Proposition 22, which exempts tech platforms like Uber, Lyft, and DoorDash from state law AB 5, which forced them to reclassify gig workers as employees, according to ...Prop 22: California Sets Referendum On The Gig Economy
Monday 2nd November - 1:30 pm
In California, a state ballot vote tomorrow (Nov. 3) will likely have seismic reverberations for gig economy companies and the millions of individuals and families who rely on them as ...Fiverr Reports 37 Pct Surge In Active Buyers Amid Rollout Of Payment Features
Wednesday 28th October - 11:11 am
Fiverr reported on Wednesday (Oct. 28) as part of its Q3 earnings report that active buyers increased to 3.1 million as of Sept. 30 from 2.3 million at the same ...Uber, Lyft Lose AB5 Appeal In California
Friday 23rd October - 6:53 am
Silicon Valley rideshare giants Uber and Lyft must abide by a California Court of Appeals’ decision that they can no longer classify their drivers as independent contractors, pending a ballot ...Freelancer Banking App Lili Nets $15M For Expansion
Thursday 22nd October - 10:12 pm
All-in-one banking app Lili, which is typically used for freelancers, has raised $15 million in a funding round, a press release says, bringing its total raised to $25 million.
Growth in ...Uber Weighs Backup Plan If Controversial California Labor Law Stands
Wednesday 21st October - 2:46 pm
Uber is weighing contingency plans that could dramatically shrink its California operations should a ballot campaign aimed at revoking a controversial state labor law fall short on Election Day.
Speaking at ...Mastercard: New Stride Partnership Is Just ‘First Step’ In Helping Gig Workers
Friday 16th October - 4:01 am
Mastercard has teamed with portable-benefits platform Stride to make it easier for gig workers to buy healthcare coverage. Jess Turner, Mastercard’s executive vice president for North America Products and Innovation, tells PYMNTS the venture is just one part ...Today In Payments: UK Watchdog Investigates Klarna Over Email Fiasco; Mastercard, Stride Enable Benefits To Gig Workers
Thursday 15th October - 3:00 pm
In today’s top news, a U.K. watchdog is investigating Klarna over a recent email fiasco, and Mastercard and Stride are teaming to offer benefits to gig workers. Plus, the U.S. ...Mastercard, Stride Enable Portable Health Benefits To Gig Workers
Thursday 15th October - 7:01 am
Mastercard is working with portable benefits program Stride in order to help companies offer U.S. workers access to affordable healthcare plans, according to a press release emailed to PYMNTS.
The release ...Uber, Lyft Take On California In Court Over AB5 Allegations
Tuesday 13th October - 10:00 pm
Lawyers for Uber, Lyft and the state of California laid out arguments on Tuesday (Oct. 13) for whether or not the state can force the gig economy companies to treat ...
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